Harte Gold (TSX:HRT) Announces Assay Results from Sugar Zone Gold Property in Ontario - Video Summary of Report Posted on InvestmentPitch.com
(Thomson Reuters ONE) -
Vancouver, British Columbia, May 17, 2013 - Harte Gold (TSX:HRT) has announced
assay results from the 100% owned Sugar Zone property, at White River, Ontario,
located 60 kilometres east of the Hemlo Gold Camp, where it is targeting
resources of more than 1 million ounces of gold.
InvestmentPitch.com has produced a "video news alert" based on this news. If
this link is not enabled, please visit www.investmentpitch.com and enter "Harte"
in the search box.
The recently completed 1,500 metre, 7 hole diamond drill program was designed to
increase the confidence and confirm grade in the bulk sample area. For more
information on these results, please visit the company's website.
The company is currently permitting an advanced exploration for the Sugar Zone
deposit, which contains a NI 43-101 compliant Indicated Resource of 980,900
tonnes, grading 10.13 grams per tonne gold for 319,280 ounces of contained gold
(uncapped), and an Inferred Resource of 580,500 tonnes, grading 8.36 grams per
tonne gold for 155,960 ounces of contained gold (uncapped).
Stephen G. Roman, President and CEO reported, "Assay results from our recent
drill program confirmed the presence of high grade gold that we have come to
expect at the Sugar Zone Deposit. The Sugar Zone deposit is well suited to
today's market conditions as it features high grade, strong continuity and
significant growth potential along strike and at depth. We are in the final
stages of permitting and expect to announce further significant progress in
optimizing bulk sample project economics."
The property has many exploration targets with significant exploration potential
on its extensive land package.The Sugar Zone Deposit outcrop allows access to
the deposit via adit and avoids high costs and long timelines associated with
shaft access. The Ministry of Northern Development and Mines has accepted and
filed its Closure Plan for the 70,000 tonne bulk sample.
Harte also holds the Stoughton-Abitibi property located on and adjacent to the
Destor-Porcupine Fault Zone in close proximity to the 2.5 million ounce Holt-
Holloway Gold Mine in the Timmins, Ontario Porcupine gold camp.
The shares are trading at $0.10 and with 190 million shares outstanding, the
company is capitalized at $19 million.
For a more information, please visit www.hartegold.com, phone Stephen Roman,
President & CEO, at 416-368-0999 or email sgr(at)hartegold.com.
About InvestmentPitch
InvestmentPitch.com, a multimedia company that provides a combined solution for
creating and hosting financial video content, and distributing it across
multiple platforms to investors and financial professionals, specializes in
producing short three minute videos based on research reports and significant
news releases.
For more information contact Barry Morgan at 604-684-5524 or
bmorgan(at)investmentpitch.com.
CONTACT:
InvestmentPitch.com
Barry Morgan, CFO
bmorgan(at)investmentpitch.com
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originality of the information contained therein.
Source: InvestmentPitch via Thomson Reuters ONE
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Unternehmensinformation / Kurzprofil:
Datum: 17.05.2013 - 18:01 Uhr
Sprache: Deutsch
News-ID 261335
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